Media scrutiny key to FIFA reform, argues leading economist

Sepp Blatter, the president of world football's governing body FIFA, announced that a redacted version of the report into the alleged wrongdoing surroiunding the bidding process for the 2018 and 2022 World Cups would be published.

A published report claims UEFA president Michel Platini was gifted a Picasso painting in return for support for the Russia 2018 World Cup bid. Platini strenuously denies the allegation.

Russia and Qatar, the hosts of the two World Cups, have been cleared of allegations of corruption by FIFA. Russia, the 2018 host and Qatar, which will host the tournament in 2022, were absolved of wrongdoing.

Michael Garcia (left) handed his report on the bidding process for the 2018 / 2022 World Cups to the FIFA Ethics Committee. Garcia has also called for the findings of his report to be made public.

FIFA has been plagued by a series of problems and controversies since Russia and Qatar was awarded the right to stage the 2018 and 2022 World Cups.

The announcement by FIFA in 2010 that Qatar would host the 2022 World Cup finals has brought greater exposure for the tiny emirate.

It has also placed world governing body FIFA under pressure as to just when the tournament will be held. The organization's secretary general Jerome Valcke says he expects the 2022 World Cup to be played between November and January.

It's not just when the 2022 World Cup will be played that has caused Qatar and FIFA problems. Qatar has come under pressure over the plight of the country's migrant workers, who make up 90 per cent of Qatar's population.

This has been been highlighted by the International Trade Union Confederation, which has criticized Qatar's system of sponsorship which ties workers to employers and has been abused in the past. The ITUC also point to the high number of worker deaths and the conditions that many find themselves in. Temperatures on building sites in the summer months can hit 50 degree Celcius.

Qatar's ambitious plans for the 2022 World Cup include building brand new, state of the art stadiums that would rival any in the world.

But costs have spiraled and the technology has yet to be successfully deployed in full.

But the new allegations by the Sunday Times could, if proven, see the vote for the 2022 final rerun, making questions about timing irrelevant.

The Sunday Times report also claims Russian President Vladimir Putin (L) allegedly won the covert support of FIFA President Sepp Blatter (R) to enhance the claims of the Russia 2018 bid.

(CNN) -- It has been branded "hateful and deliberately demeaning," but the media is key to changing the way football works, says one leading economist.

The game's global governing body FIFA has faced a slew of corruption allegations over the bidding process for the 2018 and 2022 World Cups, most recently claims that bribes were paid to Caribbean, Asian and African officials in order to secure Qatar the right to host the latter tournament.

But former Goldman Sachs Asset Management chairman Jim O'Neill insists that the pressure applied by the media towards football organizations helps to promote transparency and good governance.

"It's very legitimate, the questions being asked, more focus on it would be healthy," said O'Neill. "At the end of the day it is something that connects hundreds of millions, if not billions of people around the world, they deserve a better deal."

Champagne: Football has lost credibility

Qatar bribery allegations

O'Neill argues that the media is the only body holding FIFA accountable for its actions.

"It forces them to take more responsibility," he added. "I think the media here is a highly legitimate form of enforcing it."

The investigative work done by British newspaper the Sunday Times in recent weeks has prompted a FIFA backlash from key figures within the organization as well as president Sepp Blatter, criticizing the media coverage Monday.

The Confederation of African Football (CAF) launched a stinging response to allegations of wrongdoing following its general assembly, which was held in Sao Paulo, Brazil ahead of the 2014 World Cup, which gets under way in the city on Thursday.

CAF passed a resolution attacking "the repeated, deliberately hateful, defamatory and degrading attacks by some media, notably British, on the image and the integrity of the Confederation of African Football, its president (Issa Hayatou), its members, its member associations and the entire African continent."

"We have seen what the British press has published," said Blatter, who has been FIFA president since 1998.

"I don't know what the reasoning is behind this but we must maintain unity."

Referring to the recent storm around FIFA as "Qatar-gate," Blatter warned that his critics wanted "to destroy, not the game, but they want to destroy the institution."

The eyes of the world are on Brazil ahead of it hosting the World Cup for the second time in its history and the first time since 1950.

A string of protests and demonstrations over the reported $11 billion spent on the tournament have dominated the build up to this World Cup.

A strike by subway workers in Sao Paulo on Monday caused chaos in the city which will host Brazil's first match against Croatia.

Hosting football's biggest tournament is often billed as an opportunity to regenerate a country by reinvesting the money generated into domestic projects.

But O'Neill, who is famous for coining the term "BRIC" to describe the rapidly-growing economies of Brazil, Russia, India and China in 2001, questions whether the tournament will benefit Brazil.

"There's not a huge amount of evidence that hosting a World Cup, particularly once it starts, benefits a country," explained O'Neill, who is honorary professor of economics at the University of Manchester.

"In principle, the build-up, with the infrastructure spending, has helped some countries, but the effects are very hard to see. If anything, there is a bit more evidence that the opposite happens, that countries get a bit carried away and they spend more than they can really afford.

"Once the party is over, it fizzles out. If I was Brazilian, particularly given the slowdown they've had in the past couple of years, I wouldn't wanted to be resting my hopes for the future on hosting the World Cup."